Real Estate In Hoffman Estates is a balanced market that favoring sellers. We still see plenty of inventory, so plenty of bargains for the buyers. There is a 5.11 months supply of inventory on the market in Hoffman Estates on April 30, 2018.
Now is the Time to Sell! The average market time for a Single Family Homes to sell in Hoffman Estates last month was 38 days.It took on average 31 days to sell Hoffman Estates Condo, Townhouse or a Duplex.The number of home sales in Hoffman Estates from March 1, 2018 through March 31, 2018 was 63 units. That is 1% above the number of homes sold last month in Hoffman Estates. The average price per square foot in the area is now $132/Sq.Ft, which is 20% an increase from last month.
In Hoffman Estates there were 15 units sold in March in the price range between $79,900 – $177,658 with an average of 2.1 bedrooms and 1.2 bathrooms and average Square footage of 1,077SF. In Hoffman Estates there were 44 units sold in March in the price range between $177,659 – $506,634 with an average of 3.4 bedrooms and 2.1 bathrooms and average Square footage of 1,905SF. In Hoffman Estates there were 4 units sold in March in the price range between $506,635 – $737,855 with an average of 3.8 bedrooms and 2.6 bathrooms and average Square footage of 3,244SF. The low price range had the most activity. Homes up to $177,658 were on the market on average 26 days and sold an average of $120,128.
If you are looking for a new home for you and your family, or looking for an investment property, you can’t go wrong by getting a prime piece of real estate in Hoffman Estates. Search all Hoffman Estates homes for Sale on propertyup.comIf you are considering viewing Hoffman Estates, you may want to do so now!
John Herman PropertyUp Inc. Call847-847-4711 18-5 E Dundee Rd, Suite 200 Barrington, IL 60010